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20130124
20130201
Search Results 0 to 3 of about 4 (some duplicates have been removed)
%. back then we were staring tax increases in the face. there was the fiscal cliff coming right at us. consumer sentiment was in a tailspin. and weak holiday sales. add it all up, and you have got a contraction of the economy at the end of last year. okay? you've got a contraction. right now, just a few short weeks later, what you've got is a near-record high for the stock market. the dow is closing in on an all-time high. that is because the housing market is recovering. that is still true, despite the slippage in the economy. housing is recovering. most important, ben bernanke, martha, is printing up a storm of money and a lot of it is going right into the stock market. therefore, the market rallies, even though the economy contracts. martha: that would be an argument for sort of a false fluffy high in the stock market, i would imagine, right? >> i will not predict the stock market now, tomorrow or into the future but i will tell you that the market despite that terrible economic news will open only maybe 15 points lower for the dow industrials this morning. martha: you think back,
reagan, you know, spoke so much about that and about taxes as well. >> well, i think that the real turning point for this president was that debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that point, we can't do business with these guys. boehner can't control the tea party element in his own house. and we're going to have to start running for president and running for president, pushing a liberal agenda. really from mid-summer, boehner says from labor day of 2011, he was very much running for president, pushing the liberal agenda. he was the protector of the middle class. and it is continued up through his re-election and now we see it in his inaugural address, very little talk about common ground. you know he basically dism
Search Results 0 to 3 of about 4 (some duplicates have been removed)